Funding you earn now, next payment 03:00 UTC−0.0610%/8h= −66.8% APRpaid last 24h +0.077%
Price spread now: Lighter RH against edgeX−0.053%80s7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$150.153% of the position
Funding, last 7 days−0.603%−$60 on $10k
+Price spread, last 7 days−0.003%$0 · spread now −0.053%, 7d avg −0.031%
=Together, before fees−0.606%+ Points / potential airdropedgeX: Active · Lighter RH: Points live · farm board−$61 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Lighter RH is 0.021% cheaper against edgeX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.031%). Swap the legs. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SPCXUSDC | 153.03 | 0.0642 | pay 0.0321% / 4h | 1h 06m | $1.7M | $892K | 20x |
| Short | Lighter RH SPCX | 152.95 | 0.0032 | get 0.0004% / 1h | 6m 14s | $2.5M | $7.2M | 20x |
edgeX SPCXUSDC
Lighter RH SPCXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$128.2
- Price spread: −0.053% → −0.031%
- −$2.14
- Slippage, 4 orders
- −$6.31
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$145.65
- Costs to cover
- 0.153%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 3 min ago; Lighter RH: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 3 min ago | 1.63 bp | 6.1 bp −$6 | 7.1 bp −$71 | 20.4 bp −$2,041 | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 1.31 bp | 1.6 bp −$2 | 3.7 bp −$37 | 32.2 bp −$3,216 | doesn't fit |
SPCX on 39 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX SPCX/USD [ETH-USDC] | L −0.0333% / S +0.0531% | 1h | 152.99 | −0.030% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 153.01 | −0.013% | $96.2M | $31.3M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 153.07 | +0.026% | $31.7M | $65.5M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.739% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.96 | −0.046% | $302K | $3.0M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.24 | +0.137% | $8K | $936K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.05 | +0.013% | $1.3M | $1.7M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0023% | 8h | 153.04 | +0.006% | $30.8M | $42.9M | 100x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 152.99 | −0.026% | $8K | $8K | 10x | as long as short |
| Lighter RH SPCXshort | +0.0032% | 1h | 152.95 | −0.053% | $2.5M | $7.2M | 20x |
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Bybit SPCXUSDT
Aftermath Perps SPCXUSDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus SPCX-USD | +0.0040% | 1h | 152.97 | −0.039% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.02 | −0.007% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0048% | 1h | 153.02 | −0.007% | $1.2M | $6.4M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.99 | −0.026% | $499K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.00 | −0.020% | $1.7M | $94K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.00 | −0.020% | $532K | $400K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.88 | −0.098% | $3.2M | $2.5M | 10x | as long as short |
| BloFin SPCX-USDT | +0.0061% | 8h | 153.06 | +0.019% | $1.9M | $1.4M | 75x | as long as short |
| Lighter SPCX | +0.0064% | 1h | 153.00 | −0.020% | $1.6M | $7.2M | 20x | as long as short |
| Paradex SPCX-USD-PERP | +0.0076% | 8h | 153.05 | +0.015% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.95 | −0.053% | $169K | $130K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.94 | −0.059% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.95 | −0.053% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.03 | 0.000% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.03 | +0.001% | $89 | — | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0142% | 1h | 152.99 | −0.026% | $73K | $1.2M | 10x | as long as short |
| Variational Omni SPCX | +0.0170% | 8h | 153.03 | −0.003% | $6.0M | $3.1M | — | as long as short |
| Bullet SPCX-USD | +0.0171% | 1h | 153.04 | +0.006% | $11K | $191K | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0173% | 8h | 153.04 | +0.006% | $39.5M | $167.1M | 75x | as long as short |
| Binance SPCXUSDT | +0.0181% | 8h | 153.04 | +0.006% | $252.5M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0184% | 1h | 153.00 | −0.020% | $734K | $3.8M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0189% | 1h | 152.99 | −0.026% | $142.0M | $118.9M | 20x | as long as short |
| RISEx SPCX/USDC | +0.0199% | 1h | 153.08 | +0.035% | $410K | $532K | 20x | as long as short |
| Nado SPCX-PERP | +0.0222% | 1h | 152.95 | −0.051% | $617K | $826K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 153.04 | +0.006% | $738K | $979K | 10x | as long as short |
| Phoenix SPCX | +0.0262% | 1h | 153.04 | +0.006% | $445K | $267K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0415% | 8h | 153.12 | +0.059% | $19.0M | $17.2M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.28 | +0.163% | $9K | $27K | 5.5x | as long as short |
| edgeX SPCXUSDClong | +0.0642% | 4h | 153.03 | long leg | $1.7M | $892K | 20x |
Arcus SPCX-USD
Vest SPCX-USD-PERP
QFEX SPCX-USD
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
BloFin SPCX-USDT
Lighter SPCX
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
Deribit SPCX_USDC-PERPETUAL
Variational Omni SPCX
Bullet SPCX-USD
OKX SPCX-USDT-SWAP
Binance SPCXUSDT
Extended SPCX-USD
tradeXYZ xyz:SPCX
RISEx SPCX/USDC
Nado SPCX-PERP
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP